NFLX blips, will it affect ROKU?

Discussion in 'Options' started by ggelitetrader000, Jul 17, 2019.

  1. my star stock is ROKU as its revenue likely be in form of ad and not in platform. With NFLX reporting significatnly less addition of subscribers in Q2 just today causing 13% afterhours, I wonder how it will affect ROKU?
    I hope it is minimal to moderate based on:
    NFLX is just one of the ROKU partner
    NFLX's loss of or non-enough subscriber addition does not align with overal trend: cable to streaming. Instead they guessing it is likely to be a lack of new content rather than competitive landscape.
    WIth wave of bigger names i.e. APPLE, DIS providing streaming, ROKU can just partner with 'em.
    What is your take??
     
  2. If your profits depend on hope, you are too invested in your position. So I would probably sell into the rumor whatever it is.
     
    MarkBrown likes this.
  3. Amahrix

    Amahrix

    You have a lot riding on hope like the other comment pointed out.

    You’re also signaling a lot of uncertainty but you need to acknowledge this fact.

    With that being pointed out, consider insuring your gains for the remainder of the life you hold the stock. You will give up alpha but will remove all this reliance on hope.

    The truth is... no one knows how this affects or doesn’t affect.
     
    jys78 likes this.
  4. MarkBrown

    MarkBrown

    these people and their logic?

    here's and idea market goes up 2.5% from the monthly average be a buyer until price equals monthly average again. same exact thing for shorting the market but opposite rules. then watch netflix while trading instead of financial news.
     
  5. zdreg

    zdreg

    Can you give an example? A hypothetical example is also ok.
     
    MarkBrown likes this.
  6. i have a straddle so mostly concern about being stable not being volatile than hopeful of going upward momentum.
     
  7. MarkBrown

    MarkBrown



    example using daily data sp 500

    if price exceeds average(price,21 days) +2.5 percent of this average then buy - exit long when price falls back to average not including the (+2.5 percent) do opposite for short positions.

    here are the trades for this year so far for the long side.
    [​IMG]

    Mark Brown Band2 Study
    Metastock Formulas

    {Name: %Bands}
    Pds:= Input("EMA Periods?",1,1000,21);
    Pct:= Input("Percentage Bands?",0.1,10,5);
    MA:= Mov(C,Pds,E);
    TBnd:= MA*(1+Pct/100);
    LBnd:= MA*(1-Pct/100);
    MA;TBnd;LBnd;

    {Name: %BandsCount}
    Pds:= Input("EMA Periods?",1,1000,21);
    Pct:= Input("Percentage Bands?",0.1,10,5);
    MA:= Mov(C,Pds,E);
    TBnd:= MA*(1+Pct/100);
    LBnd:= MA*(1-Pct/100);

    IUp:= (H > TBnd) * Ref((H <= TBnd),-1);
    CntUp:= IUp + BarsSince(IUp=1) * (H > TBnd);

    IDn:= (L < LBnd) * Ref((L >= LBnd),-1);
    CntDn:= IDn + BarsSince(IDn=1) * (L < LBnd);
    CntUp; -CntDn;

    EXPERT
    {Name: %Bands}

    Symbols tab.
    {Name: %BandUp}
    FmlVar("% BandsCount","CNTUP") >= 1
    {Graphic: Dot, Small, Green, Above price plot}

    Symbols tab.
    {Name: %BandDn}
    FmlVar("% BandsCount","CNTDN") >= 1
    {Graphic: Dot, Small, Magenta, Below price plot}
     
    Last edited: Jul 18, 2019
    zdreg likes this.
  8. jwms1988

    jwms1988

    I have a question, who would know what you just explained unless they already know how to do what you just explained.
     
  9. Amahrix

    Amahrix

    Charlatans